Apple shares rise from Epic ruling-led slide

Apple Inc’s (AAPL.O) shares stabilized on Monday after losing about $84 billion in market capitalization following a U.S. judge’s mixed decision on the iPhone maker’s fight with “Fortnite” game maker Epic Games last week.

The court issued a permanent injunction that would let app developers to route its players to alternative platforms to make payments, allowing them to avoid Apple’s 30% App Store fees. read more

Shares were up about 0.8% before the opening bell on Monday. They had closed down 3.3% on Friday.

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe